Diane Frankle to Speak at Silicon Valley Director’s Exchange “Stock Buybacks: Smart or Foolish?”
Palo Alto Corporate Partner Diane Holt Frankle will speak at Silicon Valley Director’s Exchange “Stock Buybacks: Smart or Foolish?” on November 21, 2013 in Stanford, CA. The seminar will discuss topics such as; should boards reexamine stock buybacks? Companies routinely adopt and typically justify programs to repurchase their shares. While perfectly legal and well within the protection of the business judgment rule, should boards look more closely at what these programs entail, how they are justified and what unintended consequences may ensue?